Monday, December 01, 2014

Financial Risk Officer (FRO) (4)

The National Social Security Fund (NSSF) which is the leading provider of social security services in Tanzania is hereby inviting applications from suitably qualified, dynamic and motivated Tanzanians to immediately fill vacant positions currently existing in the Fund.

Position: Financial Risk Officer (FRO) (4) 

Report to: Senior Credit/Liquidity Risk Officer

Key Duties and Responsibilities 
1. Collect and analyze data to monitor compliance with the credit and liquidity management strategies and policies;
2. Conduct credit and liquidity risk assessment and communicate the results as appropriate;
3. Perform credit risk analysis in line with the existing credit granting process;
4. Perform liquidity risk analysis and modelling;
5. Perform credit portfolio risk assessment and identify appropriate measures to manage credit risk exposures;
6. Collect, compile, and analyze statistical records on payment defaults;
7. Collect, compile, and analyze financial markets data to identify predicted changes in interest rates;
8. Perform risk based performance assessment of investment portfolio;
9. Perform cash flow modelling based on specified assumptions to determine the amount and timing of future payments and receipts necessary to create appropriate liquidity plans; and
10. Any other duties as may be directed by the supervisor.

Competence Requirement 
· A bachelor degree in Financial Economics, Financial Mathematics, Quantitative Finance or related field;
· Demonstrate a better understanding of financial risk management, financial modeling, credit and liquidity risk management;
· Demonstrate a better understanding of basic financial indicators including risk adjusted rate of returns;
· Demonstrate a good knowledge in accounting and financial statement analysis, fixed income securities analysis and valuation, credit risk measurement and management, liquidity risk measurement and management, market risk measurement and management, time series analysis, corporate financial risk management; and portfolio performance evaluation;
· Demonstrate the right attitude in terms of the ability to work under minimum supervision;
· Demonstrate the right attitude in terms of the ability to work under minimum supervision;
· Excellent presentation skills-written, verbal and graphic communication;
· Keen attention to detail and highly organized;
· Strong analytic, arithmetic and problem solving skills;
· Fluency with Microsoft Office tools (Word, Excel, and PowerPoint); advanced skills in computing packages such as VBA, and ability to perform computer programming is an added advantage.

Mode of application: 
Applications in writing enclosing detailed curriculum vitae, certified copies of relevant certificates, contact address including telephone numbers, email address and names and addresses of three referees to be addressed to the undersigned.
Please take note of the following;

Applications without latest CVs will not be considered;

Director, Human Resources and Administration
National Social Security Fund,
P.O. Box 1322,

The closing date for submission will be on 15th December, 2014. 
Only short listed candidates will be contacted.